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The Installment Sales Contract (Real Estate) is a specialized agreement used in Indian property transactions where the purchase price is paid in predetermined installments over time, rather than as a single lump sum. This document is particularly relevant in situations where buyers prefer or require structured payment plans for significant real estate purchases. It includes comprehensive details about payment schedules, property specifications, possession terms, and title transfer conditions, all compliant with Indian property law. The contract is designed to protect both parties' interests by clearly defining rights, obligations, and remedies while ensuring compliance with the Transfer of Property Act, RERA, and state-specific real estate regulations. It's commonly used in both residential and commercial property transactions, providing a secure framework for installment-based property acquisitions.

1. Parties: Identification and details of the seller and purchaser including full legal names, addresses, and registration details if applicable

2. Background: Context of the transaction, brief description of the property, and intent of parties to enter into an installment sale arrangement

3. Definitions: Key terms used throughout the agreement including Property, Purchase Price, Installments, Completion Date, etc.

4. Sale and Purchase: Core agreement to sell and purchase the property, including the total purchase price

5. Payment Terms: Detailed structure of installment payments including amounts, due dates, and payment methods

6. Property Details: Comprehensive description of the property including boundaries, measurements, and registration details

7. Title and Ownership: Provisions regarding transfer of title, current encumbrances, and final ownership transfer conditions

8. Possession: Terms regarding property possession, maintenance responsibilities, and interim rights

9. Representations and Warranties: Seller's warranties about property title, encumbrances, and purchaser's acknowledgments

10. Default and Remedies: Consequences of payment default, cure periods, and available remedies

11. Registration and Expenses: Responsibilities for registration, stamp duty, and other transaction costs

12. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction over disputes

13. Notices: Process and addresses for serving notices between parties

14. General Provisions: Standard clauses including entire agreement, amendments, and severability